Gunnebo Group
Gunnebo (OMX: GUNN) is a multinational corporation headquartered in Gothenburg, Sweden, specialising in security products, services and solutions mainly in the areas of cash management, entrance control, safe storage and integrated security.
 | |
| Publicly traded limited company | |
| Traded as | OMX: GUNN |
| ISIN | SE0000195570  |
| Industry | Security |
| Founded | 1995 |
| Headquarters | Gothenburg, Sweden |
Area served | Worldwide |
Key people | Henrik Lange (President & CEO) |
| Products | Cash Management Entrance Control Safe Storage Integrated Security |
| Revenue | MSEK 4,900 (2015) |
Number of employees | 4,500 (January 2016) |
| Website | www.gunnebogroup.com www.gunnebo.com |
The Gunnebo Group has operations in 25 countries with approximately 4,400 employees (Jan 2019) and a reported global revenue of MSEK 4,900 million for 2017.[1]
Gunnebo has been listed on the Stockholm Stock Exchange in Sweden since 1994 and can be found on the NASDAQ OMX Nordic Exchange Stockholm in the Mid Cap Industrials segment.
History
Origins
Gunnebo has its roots in the village of Gunnebo in south-east Sweden, where Hans Hultman created a forge in 1764.[2] This small business grew steadily until the formation of Gunnebo Bruks Nya AB in 1889. This company later became known as Gunnebo Industries.[3]
Becoming a Listed Company
In 1991 HIDEF Kapital AB was formed by the Swedish government as one of eight venture capital companies charged with investing in Swedish companies suffering from the national financial crisis.[3] HIDEF became a listed company on the Swedish Stock Exchange in 1994 and one year later took the name of one of its acquisitions, Gunnebo Industries, to become Gunnebo AB (aktiebolag).[4]
Expansion Through Acquisitions
At this point Gunnebo began a series of major acquisitions and bought several companies focused on security from sectors such as safes & vaults, cash management, entrance security and electronic security (see section below).
In 2005, Gunnebo Industries and its traditional fencing business was divested from Gunnebo AB.
In 2006, the 30 or so acquisitions made between 1994-2004 were brought fully under the umbrella of Gunnebo to create sales companies in 29 different markets around the globe. As the Group developed in growth markets, these were added to through the creation of Gunnebo China (2010), Gunnebo Brazil (2011), Gunnebo Malaysia (2011) and Gunnebo South Korea (2013).
Brands
The Gunnebo Group owns several major brands within the field of security.
| Brand | Product | Market | Origin |
|---|---|---|---|
| Chubbsafes | Safe storage | Global | UK. Founded 1818. |
| Hamilton | Safe storage | North America | USA. Founded 1967. |
| Rosengrens | Safe storage | Global | Sweden. Founded 1886. |
| Steelage | Safe storage | India | India. Founded 1932. |
| Sallen | Cash management | Global | Spain. Founded 1988. |
| Gateway | Electronic article surveillance | Global | Sweden. Founded 1984. |
| Minimax | Fire safety | India | India. Founded 1903. |
| elkosta | Outdoor perimeter security | Global | Germany. Founded 1951. |
Major Acquisitions
| Major Acquisitions | Year | Country |
|---|---|---|
| Gnosjö Group | 1994 | Sweden |
| Rosengrens | 1994 | Sweden |
| Presso Industrier AB | 1994 | Sweden |
| Gunnebo Industrier | 1995 | Sweden |
| Italdis | 1997 | Italy |
| Wego | 1997 | Germany |
| Carl Seifert | 1997 | Denmark |
| Praediator | 1998 | Poland |
| Hygiaphone | 1998 | France |
| Garny | 1998 | Germany |
| Polaraidat | 1998 | Finland |
| Fichet-Bauche | 1999 | France |
| Rosengrens Austria | 1999 | Austria |
| T Kern | 1999 | Switzerland |
| Chubbsafes | 2000 | UK |
| Clausen | 2001 | Norway and Sweden |
| CS Security (Ritzenthaler/Haffner) | 2001 | France |
| Nurmi Trade | 2001 | Finland |
| Omega | 2001 | US |
| Leicher | 2002 | Germany |
| Riva | 2002 | Italy |
| Kubon | 2003 | Germany |
| Securibel | 2004 | Switzerland |
| Elkosta | 2004 | Germany |
| Lips Vago | 2004 | Italy |
| Chubb | 2004 | Belgium |
| Hammer Sicherheit | 2004 | Belgium |
| Gateway Security | 2004 | Sweden |
| Eurofence | 2004 | France |
| Aysec | 2004 | Finland |
| Grand Entrance Control | 2008 | Australia |
| API Security/Physical Security Division | 2010 | Australia |
| Alltech | 2011 | South Africa |
| Gateway do Brazil (80%) | 2011 | Brazil |
| Hamilton | 2012 | USA |
| ATG Entrance Corporation | 2013 | South Korea |
| DISSAMEX | 2014 | México |
| Clear Image | 2014 | UK |
| Grupo Sallén Tech S.L. | 2015 | Spain |
| Cominfo, a.s. | 2019 | Czechia |
Products
Cash Management
Cash management products provide security for those parties involved in the cash handling chain. Typically these include central banks, retail banks, retailers and cash-in-transit (CIT) companies.
Cash management encompasses products for cash transfer, cash deposit, cash recycling, coin roll dispensing and the management of cash handling processes.
Safe Storage
Includes safes, safe deposit lockers and strongrooms. To determine the level of security provided by a safe or vault, there is a grading system from I-XII. A grade is always awarded by an independent body (European Certification Body).[5] Safes with grades up to III are typically used by retailers or in offices, whereas banks tend to use safes and vaults with much higher grades.
Safes can also be constructed to withstand fire and therefore can also carry a fire protection grade. This denotes the type of contents which can be protected (either paper or data media) and the duration of protection (half an hour, one hour or two hours).
Entrance Control
Entrance control products include speed gates, turnstiles and other entrance systems which only allow entry to authorised individuals. These are used, for example, in mass transit public transport systems or at stadia to allow passage to only those people carrying a valid ticket. Entrance control is also used in airports to facilitate boarding and immigration control, and to prevent passengers returning from public-side to airside.
References
- "Gunnebo Annual Report 2017" (PDF). Gunnebo AB.
- "Gunnebo Annual Report 2005" (PDF). Gunnebo AB.
- "Gunnebo Annual Report 2015" (PDF). Gunnebo AB.
- Gunnebo. MediaSpjuth AB. pp. 145–149. ISBN 91-7000-229-0.
- "Certification body". European Security Systems Association.